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important issue was. the economy was way up on top, almost 3/5ths of people said the economy was the number-one issue. the percentage who said that foreign policy was the most important issue was down in the single digits. that is not the driver. foreign policy is usually not the biggest driver. it is worth noting that those voters who said that foreign policy was the most important issue, president obama won that group. host: that made for about 5%. the economy, 59% put that as the most important issue. federal budget deficit, 15%. talk about how the health care law played into voters' attitudes? 18% said it was the most important issue. guest: that is an important thing. almost one in five voters said that health care was the most important issue. the president won roughly three- quarters of that vote. throughout the republican primaries, the issue of obamacare was a huge rallying cry. in 2010, the republicans won some big victories because of anger on the part of conservative voters about the president's health-care law. by the time you get to this election, you see this turnaround were
everyone will be affected if there is no deal. it could throw the economy back into recession and cost no income families about $2,000 more next year. those are some of the latest headlines on c-span radio. [video clip] >> i enjoyed watching book tv -- >> i enjoy the rebroadcast of various television news programs. i like that they provide coverage without the sound bites. it really gives me an opportunity to consume as much information on what is going on. c-span is a great way to kind of get an unfiltered view of the day's events. >> c-span, created by america's cable companies in 1979, brought to you as a public service by your television provider. >> "washington journal" continues. ,ost: we're back with evan bayh now co-founder of the no labels organization. let me begin with the petraeus resignation. is your reaction -- what is your reaction? guest: it is if personal tragedy. he was doing a fabulous job as director. we're fortunate that we have a great leadership team. michael morrell house now now stepped- hasno in. host: did he have to resign? guest: my own answer is yeah, i thi
. >> the economy certainly is not keeping both on this thanksgiving. the latest trouble figures. how employees are fighting back against plans to open thanksgiving night. a plane crash sparked a massive fire in mississippi. what happened moments before the what happened moments before the >> > officials are trying to determine what caused a small plane to crash inside -- into a home last night. and one person escape the house with minor injuries, but it is unknown whether others were inside. officials say three people on the plane died in the crash. just after takeoff the pilot asked for permission to return to the airport. scary moments for a member of the zero well -- orlando magic stunt team. she balop the shoulders of another member of the squad. -- she fell off the shoulders of another member of the squad. she apparently landed head first. it took several minutes to stabilize hurt and get her on to the gurney. she waved to the crowd. she separate three vertebrae fractures and broken ribs but is expected to recover. still to come, the latest retail numbers are out, and it is not good. i ex
an address from the east room of the white house about the economy and reducing the deficit. it is a speech republicans will be watching closely coming up and to the lame-duck session. as reluctant that battle and beyond, we want to hear about your top priorities for the second term. how successful do you think he will be at addressing them? give us a call on the democratic 585-3880.- republicans 202-585-3881. independents 202-585-3882. a very good morning to you. a lot of discussion about the president's second term and what needs to be addressed and the near and long term. we want to hear from you, but we will point out a few headlines. this from "the wall street journal." also from "the washington post." the front page of the commentary section of "the washington times." also, we want to point you to the front page of the business section of "the new york times." a front-page article on the difficult decisions involving the housing market. i want to bring you to the front page of "bloomberg busines sweek." that is a picture of president obama perhaps what he might look like four years fr
colors. the election is over but the gridlock remains. why the clock is icking for america's economy.. 3 republicans maintain cootrol of the u-s house afterr pesterday'sseleetion.democrats control the senatee..and of it's been that way forrtwo yeaa. years. but ... the politicians... inability... to... agree on ...things like... the ...federal budget .../ or... how to control the debt, ../ may... be... just the start... of griilock... with... &pstraaght ahead. ahead. the cliif we are talking about looms so large -- seasoned economists don't want to dwell economy in the first year.--- - [peterrmorici sound]in 36:38 "thh president and congress are going to be very busy from november 15th till around christmas to resolve these issues."trt=:07a blow to the economy that could reel america back into the grips of a deep recession.[take graphic called "fiscalcliif" eric's shaae folder]the lifffincludes reductions tt defeese, expiration of bush era tax cuts, the end of the payyoll &ptax holiday, extended reimbursemmnt cuts to doctors. perraas with [pll
on how people are surviving. >>> now the election is over and time to focus on the economy. what the president is doing about that today on his friday, november 9th. >>> and thank you for joining us. a long week. >> you think about so much going on the nor'easter, the election, we have been with you every morning. tgif! [ laughter ] >> you want to know what the weather will be like. a lot of spots over that and we're meeting that. 38 degrees. and the winds will slowly start to calm down. nothing like we felt the day before that. >>> the we'll stay this way throughout the day and plenty of sunshine. temperature at 53 degrees. megan and charlie over to you. >>> workers are attempting to fix that water main break. they made some progress by digging up the asphalt to get a look under it. the problem they face is how to close the break. and water was gushing. >>> this will be affecting your commute throughout the course today on friday. lauren has been watching the roads telling us what to avoid. >> this break is massive. and repairs are underway, that will be between penn station and
that are behind these the economy, and as we all know, thh economy is till sluggish, but there is improvement. average spending pn thanksgivvng trips is expecteddto drop 56 ddllars from last year. the average distance, down 16 percent.. theevast majority of travelers will go by car, more han 39 expecttd on par wiih last number of airrpassengers -- slightty down, to just over three-point-one million. ddssite a ew lessstravelers innthe skies, fare wwtchers say don't expect ast-minute deals.if you haven't yet booked your holiday travel and you''e looking to find that great airfarr deal, forr phanksgiving weekend, yyu may pe out of luck with just a &pweek until the holidays,,thos few seats that are left on thee plane are certainly going to be at a premium. ffr infrequent fliers, the t-s-a and screening ppocedures.we y unddrstand that holiday with a positive experience at the airport.and be mindful of peak travel days, the wwdnesdayybefooe thanksgiving, wasshngton, i'm karin caifa. -----end----- cnn.script----- commng up... a public punishhent... doesn't go exactly as planned. plann
of the fiscal cliff and raising taxes on the top two rates would cost the economy more than 700,000 jobs. >> rorter: so republicans are hoping for new revenues but not from increased tax rates. remember, jenna, back in 2010, when the economy was growing at 2.3%, president obama extended all the bush tax cuts saying the economy was too weak to digest a tax increase. now it is growing at 2% but mr. obama is forging ahead anyway. jenna. jenna: it will be interesting to watch. jim, thank you. >> reporter: yes, ma'am. jon:. >> mr. president, this is your moment. we're ready to be led not as democrats or republicans but as americans. we want you to lead, not as a liberal or a conservative, but as president of the united states of america. we want you to succeed. let's challenge ourselves to find the common ground that has eluded us. let's rise above the dysfunction and do the right thing together for our country. >> it's better to dance than to fight. it is better to work together. everything doesn't have to be a fight. everything doesn't have to be a fight. that is the way it has been the las
into the economy -- did not sell much creating jobs -- i am focused on trading business for the small people -- the people trying to become middle- class. there would have been more going around it. everybody has ideas. the thing we need to focus on is seriously alternative fuels. with alternative it feels, -- alternative fuels, other people can have a chance to put their idea not so much in big oil -- everybody gets a piece of the pie. host: on your comments about how much money was spent. here is "usa today." on the issue of whether or not the big wealthy donors cut their money's worth. go ahead shirley. caller: the people in this country are so tired of the fighting in the washington. like the one candidate said, if they do not do their jobs, they do not get paid. we, the people, have to start taking these matters into hands. we are sick of it. what i would like to tell john boehner is, do not cave in to the craziness. this is nothing but craziness. i watched harry reid yesterday. he talked and talked and really said nothing. i thought to myself, all you do is dance around these bills tha
. it won't be disastrous. the bigger picture is the jolt to the economy, may not be immediate couldn't cause the economy to kick back in to a recession, minus point 9%, to minus 3.5%. maryland has more to worry about. tax rates are going to go up. we will r a state that works closely with the federal government. any cut backs, in nondefense and defense will impact maryland more so than kansas or indiana. >> leaders come back in session today, while we see expiration going to be in session 16 days. can you realistically see them coming up with a resolution? [technical difficulties] >> two years we have been watching this, republicans in the house, democrats in the isn't and the president, kind of going back and forth with this, it's a stare down of sorts. nothing has changed. when congress comes, in nothing has changed. >> realizing that, but something has changed. the u.s. re-elected an individual for the first time, second time, with high unemployment rates. there is a mandate to continue on to his policies. congress, there were slight shifts in the numbers. overall, there is a sens
-called fiscal clef that could plunge the economy back into recession. he is expected to urge congress to pass a bill preventing bush era tax cuts from expiring for all but the wealthiest americans. the newly reelected president and congress face the january 1 deadline to avoid a combination of tax increases and spending cuts that all sides agree would undermine the military and other basic government functions. here's a closer look at how dire that nightmare scenario could be of nothing is done. a report from the congressional budget office says the jobless rate would jump to 9.1% if no deal is reached. analysts say it would cut the federal deficit by more than $500 billion by next september. the adjustments would also cause the economy to shrink by 0.5% next year. but now that the election is over, washington's power players are figuring out what the future holds. secretary of state hillary clinton and treasury secretary timothy geithner have expressed the desire to step down. today, u.s. attorney general eric holder spoke with students at the university of baltimore. he said he will have to
issue facing the u-s economy... the fiscal cliif? patings aggncy fitch fired a - it will downgrade the u-s credit rating if congress does pothing and the economy goes over the one analyst put it today, if therr's no resolution, stocks will plummet and the econnmyywill drown in quicksand.that all senttthe dow tumbling 311- points... the biggest decline - offthe year.we did seeesome individual sectors post big moves... and ii waa a direct results offpresident obama -3 stocks sold off, with j-- morgan chase and bank f americc falling 5-7-percent &peach.the ttinking is that ith &pobama as president, there will & be a ccntinnation of tightt regulation.on tte flip side, hospitals posted the biggest gains among n-y-s-e isted commanies.tenet, h-c-a, and other ssrged 10 - percent -3 pach... because one thing is --3for sure... obama-caae is here to stay.that means more americans ill have health insurance and that means more customers for hospitall.thht's & a wraa of a tumultuous dayyon wall street.aliion kosik, att the new ork stock exccange. & 3 ccm
we all face automatic spending cut tax increases that threaten to endanger the economy. they spent the day on capitol hill. >> now that the election is done, lawmakers are scrambling to avoid that dreaded fiscal clip and the deadline is coming fast. >> the congressional leaders started looking for an opening to move them away from the so- called fiscal clift. >> they stand ready to work with you. >> compromise is not a dirty word. >> reporter: without a deal before the end of the year, families will see their taxes go up $2,000 to $3,000. they will see their budget slashed and they could climb above 9%. it's tough medicine for an economy still in recovery. >> it is very likely suffering deep recession. and i don't think that is the way that we want to go here. >> reporter: and they drove themselves to this clift when they approved the budget cuts to force themselves to deal with the cut. it comes as they are set to expire. >> and after years of punting on the major fiscal challenges that we faced, 2013 is going to be different. >> reporter: and there is still some major roadblocks.
increases and spending cuts when the u.s. economy is not capable of sorting it. >> we ask what that means for your wallet. >> for the average person, it means as the year and rolls around, you will end up paying more. >> nearly 90% of u.s. households could see their taxes go up around $3,500 next year. >> the impact would be pretty substantial. >> couple that with the cuts to domestic programs and defense. >> think of the coffee shop across the street from the plant that makes weapons. impact everything from yourthe ripple n communities, families, workers. >> the uncertainty could even have an impact on holiday sales. >> a lot of people are anticipating this going into the holiday season. people may reduce their holiday buying. >> the fiscal cliff could cause the economy to slide back into recession and raise the unemployment rate to 9.1%. >> the bottom line is, markets already saying, we are not sure what is happening here. the ultimate irony is this would have happened regardless of who got elected president. >> president obama is urging congress to act to avert this fiscal cliff. he is
cliff, the economy goes into recession the beginning of 2013. this is not a small matter. i think we have to address it. >> reporter: it will come down to these two men. the president expected to draw a line in the sand insisting on a massive tax hike for wealthy americans and republican house speaker john boehner now open to raising taxes in other ways. but he told abc news that tax rates should remain where they are. >> on the table, but through reforming our tax code. and i would do that if the president were serious about solving our spending problem, and trying to secure our entitlement program. >> reporter: most economists agree that reforming entitlement programs like medicare, medicaid and social security is necessary, but it would involve a grand bargain. it could take months or years to get that done. the deadline for congress just over seven weeks from now. if these cuts take effect, a congressional budget office report says unemployment could climb to above 9%. some entitlement programs such as social security and medicaid are exempt, but just about everything else is on
depot. fueling the dollar's and release some great numbers is this a good sign for the economy? >> basically the u.s. economy is not dead toward with millions of dollars in sales and the home around sales are going higher. realistic value is also increasing. for the last couple of quarters. as we all in our homes we're upgrading. if we go to hop home depo, this is good and no news and also working sandy helped. >> and also let us talk about apple. the stock up, down. , $705-$750. this year, it started at $400-and i also own shares of the company. i need to disclose that. companies like google, intel would to roll over those numbers and microsoft is done by 32 percent. and investing in those numbers comparison to the other numbers. it is just stunning. yes, they a bad management shake-up in the iphone 5 takes 2-3 weeks that is also not good. they needed to manufacture those faster you'll probably see an iphone 5 that is easier to manufacture sooner than later. >> we will continue to keep updated on debate. news >> the internet giant mcafee is wanting he is- wanted... area police
the wealthiest americans to pay a little more in taxes. >> everyone wants to get the economy moving again, even everyone wants to get americans back to work again. raising tax rate will create the jobs that everyone says they want. >> the average household will see a tax increase of 3500 bucks if they can't reach an agreement. >>> 4s has been dethroned, the galaxy s3 overtook the 4s. 18million galaxy phones shipped worldwide compared to 16.2 million iphone 4s'. iphone 4s sales dropped as everyone waited for the release of the iphone 5. hurricane sandy may have ruined their halloween celebration, local children got a do over today. second chance to trick or treat. happening now, through sunday, the 2012 water foul festival. wyatt everhart is on the go. he will bring us something back to decorate the office. >> a nice shot of a goose right here. >> i tell you, we have seen it all. we have seen it all here, jamie, i'm sorry, rosey, and joesey and rosey, we have seen it all here, art, we have seen just incredible sights here. 42nd near for this. long standing eastern shore, easton tradition at the
, but the biggest threat to the schools and the northern virginia economy is sequestration. economists predict up to a half a million jobs could be loss in the d.c. area that. would lead to vacant buildings and a sharp decline in commercial real estate taxes which is a major source of funding for local governments. >> i was working on a train track. >> reporter: foust grew up in johnstown, pennsylvania where steel mills created a bustling economy. today the mills are abandoned and jobs are scarce. >> it has certainly been nice to have the federal government, fall back on the government contractors and government employment, but personally i'm from an area that relied on the steel mills until it was too late and there was no diversification, steel mills closed. i don't want to see that happen in fairfax county. we want to diversify our economy and be less dependent on government contracting in the long run. >> of course, while there is optimism congress will stop the fiscal cliff, it's been a little too close for comfort and like never before, local governments are doing what other places are acr
the dialogues program on china and latin america. china is also going through a transition and china's economy is extremely important for many latin american countries, increasingly so, and she is going to share some thoughts about what that relationship might look like. we're delighted to have margaret with us as well. margaret just came back from about a month in china, so i think we will have some fresh perspective and insight about the situation there, obviously, people interested in america, what is happening in china and the united states, to dip a very important players. let me begin with a few comments before turning it over to my colleagues and opening up to all of you. last april, the dialogue produced a policy report that reflected the analysis and recommendations of the members of the inter-american dialogue, and we talked about opportunities in the areas of trade and energy and other global affairs that really should be taken advantage of by the united states moving forward. but we have to -- we emphasize as well there are three issues that were on an old agenda that had not been
to the economy. the economy is still sluggish but there is improvement. >> average spending on thanksgiving trips is expected to drop $56 from last year. the vast majority of travelers will go by cars. gas prices are expected to be on par with last year's national averages. do not expect a last-minute deals. >> for thanksgiving weekend, you may be out of luck. those few seats will be at a premium. >> read up on security and screening procedures. >> a great trip often begins with a positive experience at the airport. >> be mindful of peak travel days. >> did you receive an allowance growing up? six out of 10 parents pay and allowances, the average earning $15 a week. that sounds high to me. kids spend the allowance as quickly as they receive it. that brings us to our water cooler question of the day. what do you think is it reasonable allowance to give to your kids? you can share your response on, on our facebook page, or send us an e-mail to >> did you get an allowance ? >> i did not. >> a free smartphone that comes with a catch. jane king has the bloomberg busi
make a deal by january 1. some economists say uncertainty now, says it will be a drag on the economy. >> if three or four weeks they're not making progress you will see anxiety and nervousness grow in markets and board rooms. rough two months for the u.s. economy. >> house and they meet with pre obama at the white house. >>> frightening scene in an indianapolis neighborhood. the investigation into what caused the explosion that leveled homes and left two dead. >> new details tonight from the man believed to be the east coast rapist. what he has to say about the crimes he is accused of. >>> nearly 70% of venice completely flooded. what's causing the high water. >> a massive explosion leveled two homes. the fire engulfed the neighborhood and killed two people. today sitty cam together to help those affected. as we report, investigators are still trying to figure out what sparked the blast. >> it was described as a war zone. upon entering the richmond hills subdivision you can clearly see why. debris and damage everywhere. nearly every home, burned or battered or broken or simply gone.
. >> they are more aware that it's important for our economy growing the economy, and to put your money back in your local community. for every dollar you spend in alexandria, it almost entirely stays here. >> a lot will be willing to stay at home and deal with for the -- and deal with the cyber monday deals. the big box national stores could be open already at 8:00. some stores will try to rival that and open even earlier. back to you. live from alexandria, natasha barrett, abc7 news. >> just go ahead and get your shopping over with. an air bag problem has prompted the recall of the grand cherokee and liberty model years 2002-2004. the national highway transportation and safety administration have found they can go off without warning. 215 incidents have been reported. chrysler says they will fix the problem at no charge. "still ahead, it turns out bullying is not just between students. in this video, students cnet bullying a teacher. >> what is being done for the thousands still without power after sandy? >> the future of some d.c. >> you are watching abc7 news at 5 with leon harris, allison starl
possibly push the u.s. economy into recession unless congress does something about it. >> is wall street basically registering its doubt and skepticism that either party can come together and resolve this? >> that's right. i think we will see compromise. already you've seen the president reach out to the other side. john boehner making comments that they also want to work together. but, again, this is the choice that we have been talking about over the last several months. spending cuts, tax increases. >> we should mention that we're also more renewed fears in europe, the greek debt crisis rearing its ugly head. >> absolutely. it's clear that greece cannot pay its bills. now we're thinking, okay, this is another pressure for the u.s. economy. so we're all waiting on some kind of compromise out of washington as well as some stability in europe. but for sure, we'll probably see some volatility going forward. doesn't really mean much, though, long-term. >> i was going to say, let's get some perspective. there was a huge drop after the president's election four years ago. but over the last f
project of retail, housing and transportation on the city's west edge. they credit the economy for pushing it it forward. >>> well, the nip in the air made it great time for ice skating. >>> it has been an unseasonably cool weekend. now the days the rain ark arrives -- arrives. ,, hmm, it says here that cheerios helps lower cholesterol as part of a heart healthy diet. that's true. ...but you still have to go to the gym. ♪ the one and only, cheerios ...and now... you! [ giggles ] ♪ the one and only, cheerios and now the city of san rafl one, just in time fo >>> it has been more than 25 years since marin county had an ice rink. now the city of rafell has one in time for the holidays. 5,000 square feet of real ice. it including skating times for parents and their little ones and family night on tuesdays. rent skates and hit the ice for $15 a person and it will stay open until middle january. >> all right, we can not resist it. the holidays are coming upon us. >> it is cold enough for the ice to stay all weekend. 30 degrees overnight. it was 32 degrees in napa and grab your jacket and head
job night, the economy down in two years, people will want answers. republicans not only need to have the answers but they have to spend the time in the districts, today. >> as for the governor his own party now has the ability to override his vetoes and the ability to raise taxes on their own. >> the only way to raise a tax is to ask the people. >> reporter: they say they will close the tax loopholes but their focus is not on increasing taxes the republicans call that a bluff. >> the first taxip crease, the next is never the last tax increase. >>reporter: the last time california had had a super majority was back in 1933. that time it was the republicans in power. the new legislatures will be sworn in on december 1st. in the news room, back to you. >>> president barack obama marked veterans day at arlington national cemetery. the president, vice president and their wives took part in the traditional wreath laying ceremony of the tomb of the unknown. afterwards he noted it is the first veterans day in a decade there are no americans fighting in iraq. >> after a decade of war, our he
the economy into a tail-spin. that could increase. a immediate yap household income is $70,000. if everything stays as is, that family will be hit with $3500 in taxes. >> that's 300 a month or capable and electric combined. the president will speak at 1:00 today about the potential crisis. >>> the children at hopkins gets creative and draws things and they are chosen and put on ties. they have done this for years and it has raised a lot of money if you have one today is the day to wear it. can you buy one, too. linda so is live and where are the ties sold? >> reporter: it is all in collaboration with jos a. bank, that's where can you find them. the collection is out. can you find them in the others -- stores and online. the artists who designed their own ties are wearing them. can you wave. they are troopers for getting up this early to be with us. you are with hopkins, you work with the kids. this is cool. >> this is one of my favorite projects all year. the kids do a great job of putting their personality to paper. you can see there is a variety of designs that comes together every year. th
making a comment on the state of the economy. >> 5:27. >> a baltimore city police officer is suspended after allegations of misconduct. >> more traffic headaches in and around baltimore because of water main breaks. >> we continue to track closures. >> temperatures will be changing over the next 24 hours andw=!nño >> you're watching wbal-tv 11. live, local, late-breaking. this is 11 news today at 5:00 a.m. >> good morning. welcome back to 11 news today. i'm stan stovall. >> and i'm mindy basara. thanks for joining us for 11 news today. the nice weather is over. >> pretty much. we have some rain to contend with this morning. pretty solid area of rain. it is enough to slow the traffic down. it will take a couple of hours to get through. we will struggle to get above 50 degrees. the rain will go away and the sun will come out. it will be a little windy. a big change coming up today. >> we have the wet leaves around the area. you may need a few extra minutes. we have three water main breaks. there is one in rosedale at philadelphia road. another at guilford and madison street. charles str
--adbllb weather tz-- -3 companies across the country blame a weak economy aad the more...from... - , and... papa johns... / ameeica's... business climate... mend....//and... the ccast... - of... obamacarr... iss...just the beginn. beeinning. don restrepo [pronounced= re- strep-poe] owns a shoe and luggage repair shop. soo in 23:37 "rrght now, just tryingg to cut expenses from every source."trtt04likk most small &pbusiness owners, restrepo is mooey.[ntsnd anging on shoe 16:08--6:01trt=02[video for &prent for sale signs 11115, livelihood, reetrepo sold his - pome and moved into an apartment and relocateddhis business to save on rent, all to avoid the mistepssothers business."trt=:04he runs the e - place on a shoestring budget retailors and the federal - government. sot in restrepo] sot in 18:26 "the shoes over trt::04military uts could he's mindful of what's taking place across tte country. [ttke raphic] medical device manufacturers such as welch allyn, ssryker, boston scientific and medtronic have or say they ill lay off are driving those dec
... yfor president - about 3 hours from now... he's about the economy... in a statement from the east room. it's a chance for the newly re- some of the big issues facing washinggon... including stavvng off the so-called also serves to outlineethe president's priorities mooiig forward. 3 are making sure their students know today... how importaat it ssrved. joel d. ssith is seev. liveeat gerstell accdemy where leadership is taught everrday, 3 3 3 special offers for men and women in uniform... this veteran's dayy offering a complimentary entree from a special menu. complimentaryyappeeizerr... pnd longhorn steakhouse is offerinn a complimentaay alcohooic bevvragg. on--- veterans nd active-ddty military need to show ppoof of service... ffr theespecial offers. we have two very special additions today... to our fox45 famiil.our mornnng show director... karen burress... gave birthhto twin boos thursday morning. morning.on the left... yoo're looking at hugh the fourrh..e came into the world at 4-pounds 12-ouncesshe's a fuul brother grayson.. who you'ree grayson ii 33pounds 10-ounces.
and economy and poverty. it takes place at baltimore marriott and starts at 12:30. >>> your money hangs in the balance over what happens in the next few weeks. the president invited leaders from the labor and business communities to the white house for talks of the fiscal cliff. and on friday, he will meet with the congressional leaders they have until december 31st to hammer out a deal that would stave off tax increases and spending cuts if that deal is not reached. average american family would end up paying nearly 3500 dollars in new taxes in 2013. >>> money is not a problem for some. the blue dress julie garland wore in the wizard of oz sold for $480,000 in an auction in beverly hills. no word if dorothy's dress will be reunited with the ruby red slippers and the buyer has not been identified. >>> twilight fans camped out outside the nokia theater in los angeles. the film the last film in the series the twilight saga breaking dawn part 2 premiers today. so fans hope to get a glimpse of the cast as they walk the black carpet for the debut. >>> a piece of baltimore history is waving p
. experts say it's understandable, given the economy and stress all ofous are under. >>> a warmer day in comparison to yesterday. miresville, beautiful shot along the appalachian trail. made it in to middle 50s. you are going to crank it to 60. tomorrow the sunset, we are back to dark. dundalk, towards the key bridge, lots of sunshine getting your temperatures up to near 60 degrees, we will bust pass that in to the day tomorrow. maybe a beach day by monday as temperatures could come close to 70 if not surpassing that 71 in to tuesday afternoon. shot downtown b at 5:30, the 5:30 stats, 48% humidity, 33 the dew point. westerly wind, calming down at 5. in terms of this afternoon, up to 56 degrees, should be around 5249 time of the -- 59 this time of the year. temperatures across the state, range from 52 in the city, 54 towards frederick, falling in to the low 50s over the eastern shore, you will see your temperatures going down in to the 30ss tonight, 2 degrees warmer in comparison to 24 hours ago. milder air move in. a southerly wind, getting you temperatures going in to the 60s. at 7:0
a statement on the economy. >> people gathered to pay tribute to our veterans in the third annual veterans parade that began on charles street at 10:00 this morning. several organizations were involved, including the buffalo soldiers and members of the rotc. those who fought in wars past said they were pleased with the turnout and enjoyed reminiscing with fellow veterans. >> just reminisce. go back in memories and think of all the ones that did not make it back. >> it gives me a warm feeling inside to know that people still remember. >> very proud of everyone who was actually served and to our guys overseas. i am encouraged and out here supporting them as well. >> today's parade ended at war memorial plaza where a service was held. >> the i.t. exposed the house scheme that city inspectors say put tenants in danger. >> barry sims texas inside. >> she shared the space with her two daughters. >> this is actually my room. the living room here, this was the living room. they built this wall here. this is where i sleep. there is no window. >> she moved in after signing a rental agreement. days l
. the budget office warns the fiscal cliff could cause the economy to slide back into a recession and raise the unemployment rate to 9.1%. >> more will be taken out of your check. you will have less to spend. the impact will be substantial. think about the coffee shop across the street from the plant that makes weapons. the ripple effect on communities, workers, and families. >> if washington cannot get a deal done before january and we do go off the cliff, maryland would hit the ground harder than many other states. >> the question is, why? a closer look at the potential impact. >> maryland has strong financial ties to the federal government. if washington cannot cut this deal, experts say maryland will quickly be in a recession. as politicians state their positions on how to avoid a fiscal cliff -- >> i am not going as students and seniors and middle-class families to pay down the entire deficit. >> the problem with raising tax rates on the wealthiest americans is that more than half of them are small business owners. >> maryland is most likely positioned for a financial fall. if washingt
and the european economy sends stocks lower for the second day in a row. today's loss of 121 points makes for the largest two-day drop for the dow in years. mcdonald's, among the notable losers are reporting their first trip in monthly sales. and almost a decade. >> well, two days after the polls shut down, we are still not quite sure which presidential candidate carried the state of florida. and now most of those remaining ballots were expected to be counted here today and that they will be blaming a last minute wave. and right now, they node to leave them by half a percentage point. that it will not impact the overall results. >>> and tonight we're tracking what's left of the season's first forester as they move off on the first of may. and in plymouth massachusetts, the snow halloween decorations are still hanging outside. schools were delayed in areas this morning after parts of massachusetts and kentucky receiving as much as six inches of new snow. and clean up from the storm will be a little trickier, up to eight inches of snow fell in areas of hurricane sandy. and that meant even m
compromise. economists say if they don't find one, the fiscal cliff could throw the economy back into a recession. the congressional budget ofce says that those spending cuts and tax increases, if they do take effect, the unemployment rate will rise to 9.1%. that is an area that is already rattling markets worldwide. >> i think wall street is just generally less optimistic that we will get a real good resolution to this real looming problem of the fiscal cliff. >> reporter: congress returns to washington next week. but it is likely lawmakers will push closing a deal right up to the deadline. tara mergener, for cbs news, the white house. >>> now, the president is set to speak at 1:00. we will be streaming it live on our web site. >>> former democratic national committee chair terry mcauliffe is running for political office and sent an e-mail announcing he will run for governor of virginia. he tried for governor last year but lost in the democratic provide mare. since the current governor republican bob mcdonald cannot run again, they are seeking the republican nominat
come to a deal the fragile u.s. economy is headed towards something called the fiscal cliff. >> on january first, $6 trillion in tax increases that will hit all working americans and $1.2 trillion in spending cuts leading to another recession. the big question is whether the bush tax cuts should expire. the president says they should. it's a case he made over and over on the campaign trail. tax cuts tax cuts tax cuts. yesterday john boehner told die an that is a nonstarter. >> i made clear yesterday that raising tax rates is unacceptable. and frankly it couldn't even pass the house. >> still today the president said the debate had been settled. >> this was a central question during the election. it was debated over and over again and on tuesday ni
the economy expire. president obama is asking the wealthiest americans to pay more in taxes to help cut the taxes. republicans say raising taxes on business owners would only eliminate more jobs. >> what has been the missing ingredient in congress to date has been the revenue. and to make sure that it is fairly distributed and the wealthy pay their fair share. that is what we face right now. if our republican counter parts can step forward with that revenue piece, we will be able to find a solution. >> president obama said two years ago now is not the time with a sluggish economy to raise taxes. we need to consider the fact that the folks he is talking about raising taxes on are the job creators, the small business community. >> doing nothing means the tax cuts would expire for everyone and the typical american family would pay about $2,000 more in taxes next year. >>> we are learning new details this morning about the shocking scandal that has force the the head of the cia to resign. >> it was affair between petraeus and his biographerrer, paula broadwell. she had extraordinary access
. the commonwealth has seen a sluggish economy and officials are worried that if a deal doesn't happen on the hill, we'll plunge the nation and virginia back into a recession. with federal cuts of 9% on the horizon, republican governor bob mcdonnell is not taking any chances. he's telling agencies to prepare now for 4% budget cuts and people say that this could be felt across the board in many respects in a way this region has never felt. the nation will be watching as the president will reach across the aisle and we could feel the impacts of the -- the deep impacts next year in virginia. funds from transportation and education could be the first to fall. so no time for mr. obama to celebrate instead the president has to go straight to work. he's expected to speak at 1:00 from the east room of the white house to quote talk about the action we need to take to keep our economy growing and reduce our deficit. and andrea and mike, the phase fiscal cliff, we could hear that a lot in the days and weeks to come. live on capitol hill. ko im, 9news now. >> thank you ko. >>> in other news, a bus driver who
economy is removed by that single step. >> the president unexpectedly did not express displeasure with how long it took to be notified of the scandal involving general david petraeus. >> we're not supposed to meddle in, you know, criminal investigations. and that's been our practice. and i think that there are certain procedures that what the fbi follow or doj follow when they're involved in these investigations. that's traditionally been how we do things, in part because people are innocent until proven guilty. >> the president also said his hope is that it ends up being just a side note in the extraordinary military career of david petraeus. live in the newsroom, keith russell, news4. >>> general petraeus' mistress may be hiding out here in washington. she was spotted at her brother's home last night. he lives in the mount pleasant neighborhood of northwest d.c. camera crews were stationed outside the home this afternoon, but no sign of her today. broadwell lives in charlotte, north carolina. she's kept a low profile and has not spoken publiclybout her affair with petraeus when that was
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this afternoon about the economy and what it will take to stave off the fiscal cliff. we'll have a live report from the white house straight ahead. >>> also new this morning a tough reprimand for members of the highly respected seal team 6. did they divulge classified information to the makers of a popular video game? >>> then a very real drama for one of the young stars of "modern family." 14-year-old aerial winter removed from her home after allegations she was being physically and emotionally abused by her own mother. there are new details in the case this morning and her mother has released a statement to nbc news. we will talk about that. >>> first let's get to the top stories of the morning. natalie morales is over at the news desk. good morning. >> good morning, everyone. it is back to work for president obama today as he addresses congress about the fiscal cliff, tax increases, and automatic spending cuts slated to slam the economy back into a possible recession in january if the house and senate don't intervene. partisan politics have gotten in the way on the issue as republicans refu
raising taxes. he wasn't talking about growing the economy. so as people earn more, we end up getting more tax revenue from those larger earnings. all of this may not calm wall street because whatever they do between now and the end of the year may be temporary if they continue to work out the big picture. what we do know, the congressional budget office says, if congress does nothing, we could be looking at 9% unemployment next year. >> tracie potts live on capitol hill. tracie, thank you. >>> secretary of state hillary clinton has said she does not plan to stay with the obama administration for his second term. that has sparked a lot of questions about who the president would choose to fill that spot. it appears u.n. ambassador susan rice is emerging as a leading candidate. according to bloomberg news, several white house officials say rice is close to the president and has a similar foreign policy philosophy as the president. senator john kerry and national security adviser tom donlon have also been mentioned as potential replacements. hillary clinton may remain secretary of state for t
. the congressional budget office says they could send the economy into deep recession and raise taxes for 90% of u.s. households. >> more would be taken out of your check, you'd have less to spend and the impact would be substantial. think of the coffee shop across the street from a plant that makes weapons. the ripple effect on workers and families. >> the president urged congress to extend tax cuts for the middle class now while negotiations continue on a broader deficit reduction deal. >> if washington can't get a deal done before january when we go off the proverbial cliff, experts say maryland would hit the ground harder than other states. >> as politicians stake positions on how to avoid a fiscal cliff. >> i'm not going to ask students and seniors and middle class families to pay down the deficit. >> the problem with raising taxes on the wealthiest americans is more than half of them are small business owners. >> maryland is most likely positioned for a financial fall. if washington must slash spending, government jobs could go down with it. according to maryland's department of budget and m
homeowner tax increases at 10% to help the homeowners stay in their homes. but with the city's economy rebounding, even booming, from the national economic slowdown, rising house prices are putting more pressure on those taxpayers. now d.c. council finance and revenue chairman jack evan says he wants legislation this year to limit homeowner property tax increases to 5% a year, not 10%. as long as someone stays in their homes. >> no one should be paying 10% more in property taxes every year, year in, year out. people who have been here in the tough times deserve to stay here in the good times. that's what this bill is intended to help. people have been here in the tough times, who we want to stay here in the good times and not be priced out. >> reporter: evans discussed his tax relief even as mayor vincent gray was announcing a plan to add 100,000 new jobs in the city within five years. gray said the entire city is attracting private sector jobs, not just government oriented jobs. >> when you talk about microsoft locating in ward 8 of the district of columbia, that probably would have b
rudolph? >> yeah, it's family night, but then again, the economy needs it, so i'm not sure. >> did you see bobby jindal? >> yeah, saying what you said. let's go to the politico playbook's executive editor jim vandehei. in the wake of mitt romney's loss, how are folks in the gop like jindal trying to reframe the party's agenda? using joe's words. >> well, good morning. bobby jindal called politico to offer his first thoughts on the election. and it's pretty interesting. he said the party has to stop being the stupid party and that they have to recalibrate pretty dramatically and stop being the party of big business, big wall street, big banks, big anything. and he said this dumbed down conservatism is killing the republican party. >> boy, i'll tell you what, man, that -- it's so great hearing him say that. of course, nicole wallace and i always were talking about, you know, nicole has said and i've repeated on this show all the time she said, let's stop having the debate on whether the conservative party or moderate party. let's stop being the stupid party. and i think jindal's right. and t
sandy after taking a strong stance on the looming fiscal cliff telling lawmakers that the economy cannot afford a tax increase on all americans. republican leaders say raising income tax rates on wealthier americans could hurt job creation. >>> after a rough closing on wednesday over those fiscal cliff fears, wall street is once again on edge this morning as new figures show the 17-nation euro zone has officially fallen back into a recession. and workers protest there are sweeping across the continent. kayla tausche is at the new york stock exchange with more. kayla, good morning. >> good morning, natalie. the congressional budget office has warned that failing to fix the $600 billion in tax and spending cuts would drive the u.s. into recession, which has been relatively strong compared to europe with rising unemployment and unrest, as well as china where big questions loom over the direction of the world's second largest economy under new leadership. president obama yesterday called for tax cuts to the middle class immediately. that followed business leaders and a big meeting there, one
the economy into a deep recession. >> more would be taken out of your check. you'd have less to spend and the impact would be substantial. think of the coffee shop across the street from a plant that makes weapons. the ripple effect on communities, on workers, on families. >> the president urged congress to extend tax cuts to the middle class now while negotiations continue on a broader deficit reduction deal. >> if washington can't get a deal done before january and we go off the proverbial cliff, experts say marylanders would be hit harder than many other states. >> as politician stake positions on how to avoid a fiscal cliff. >> i'm not going to ask students and seniors and middle class families to pay down the deficit. >> the problem with raising taxes on the wealthiest americans is more than half of them are business owners. >> if washington must slash spending, government jobs could go down with it. nearly 6% of the state's work force are federal employees, well above the national average of 2%. maryland houses major government institutions like aberdeen proving ground, fort mea
'clock this afttrnoon... he will address the nation about the economy... in a statement from thh east's a chaace for the newly re- &ppome of the big issues facing staving off the so-called fiscal cliff.the statement president's priorities moving a new study finds pregnancy tests can beejust as beneficial for ámená... aa po the ameeican cancer testicular cancer in men... byy dettctiig a cerrain hormone. that hormone is produced by the cellssof a oman'ss placenta during pregnancy... and it's also excreted by some couches, cars and now... áco-signnrs? ádesperate craiglist... in search of people to co-sign a loan foo them. the borrowerr often offer cash for a ssgnature... but is ttis a reaaly bad stacey coh-an is live from washingttn this mmrning with the sttry. good morning, stacey. - isn'' there also theepotential for scammers to try thhs tactic to steal your mooey? &pcoming up nexx... a tense night... on ""he xx factor."why thh judges had a harr time... sending one singer're watching fox 45 morning news.. all local.. all morning. 3 we now kkow the top 12 on with mooe on last night's
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